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Beloved fast food chain Chick-fil-A to expand international

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Chick-fil-A, the beloved American fast-food chain renowned for its delectable chicken sandwiches and signature hospitality, is set to make its mark in the United Kingdom in 2025.

The company has announced its ambitious expansion plans, marking a significant leap into the European market.

This strategic move comes as Chick-fil-A aims to broaden its global footprint and tap into the UK’s thriving fast-food industry. Known for its commitment to quality and customer service, Chick-fil-A is eager to introduce its iconic menu to British taste buds.

The expansion will begin with flagship stores in London, Manchester, and Birmingham, with additional locations across the country slated for the coming years. Chick-fil-A UK promises to maintain its core values, including the famous “Eat Mor Chikin” cows and its beloved Chick-fil-A Sauce.

In preparation for the UK launch, Chick-fil-A is working closely with local suppliers to ensure that the ingredients meet the company’s high standards and align with its commitment to sustainability. The company also plans to hire and train local staff, focusing on delivering the exceptional service the brand is known for.

Chick-fil-A’s expansion into the UK is expected to create hundreds of job opportunities and contribute to the local economy. As the company ventures across the pond, it brings a taste of Southern hospitality and its unique approach to fast food.

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Workers rush back to their desks over job fears

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Workers across Australia are rushing back to their desks, driving office utilisation rates to their highest levels since February 2020.

Tuesdays, Wednesdays, and Thursdays emerge as the busiest in-office days, contrasting with the continued reluctance to return on Fridays.

This insight, drawn from XY Sense data based on 18 enterprise customers in Australia employing approximately 68,000 individuals across 127 buildings, reflects a significant shift in workplace dynamics.

The surge in office attendance coincides with a resurgence in workplace attendance mandates and policies linking physical presence to bonuses and performance reviews.

However, co-founder of XY Sense, Alex Birch, suggests that rising job insecurity, rather than these policies, primarily drives this behavioral shift.

“The pendulum has moved towards the employer, and therefore people feel more obliged to go back into work,” commented Mr. Birch.

Job market

Danielle Wood, chairwoman of the Productivity Commission, anticipates this trend to persist as the job market softens.

She notes a disparity between employer and worker perceptions regarding the productivity benefits of hybrid work arrangements, hinting at potential shifts in the employment landscape.

Meanwhile, economists at the e61 Institute observe a partial reversal of the pandemic-induced “escape to the country” trend.

Rent differentials between regional and capital city dwellings, which narrowed during the pandemic, are now widening again.

This trend suggests a diminishing appeal of remote work options and a return to urban commuting.

Aaron Wong, senior research economist at e61, said the emergence of a “new normal,” characterised by a hybrid lifestyle that blends access to office spaces with proximity to lifestyle amenities such as natural landscapes.

While regional rents decline, rents for homes on the urban fringe surge, reflecting evolving preferences shaped by remote work opportunities.

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Money

Why resilient economy is fuelling demand for Australian property

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Despite inflationary pressures, Australian house prices have surged to a record high for the fifth month in a row, as indicated by CoreLogic data.

Australian house prices have not only weathered inflation but have also soared to unprecedented levels, marking the fifth consecutive month of record highs, according to data from CoreLogic.

This resilience reflects the enduring demand for property in the country, showcasing the sustained interest of buyers despite challenging economic conditions.

VentureCrowd’s Head of Property, David Whitting, talks how investors can access alternative ways of property investing.

Presented by VentureCrowd #funding futures #housing #economy

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Money

Three reasons why you don’t need to panic about inflation

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Inflation in the US has exceeded expectations for the third consecutive month, driven by increases in essential commodities such as oil, electricity, takeaway food, and medical costs.

  1. Despite a 3.8% year-on-year rise in CPI, it’s notable that this figure has decreased from its previous 9% high.
  2. The robust CPI and economic growth numbers suggest a positive outlook for US corporate earnings.
  3. The S&P500 has seen five 1% drops this year, all of which were met with investors buying the dip.

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